Call reports 2021
GEORGIA BANKING COMPANY — 2021
What GEORGIA BANKING COMPANY reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 640,937,000 | 738,514,000 | 1,007,976,000 | 1,164,122,000 |
| Total loans | 536,255,000 | 523,429,000 | 663,483,000 | 995,950,000 |
| Allowance for loan losses | 3,680,000 | 4,111,000 | 5,761,000 | 9,213,000 |
| Securities available for sale | 14,397,000 | 20,965,000 | 30,208,000 | 30,754,000 |
| Securities held to maturity | 4,084,000 | 3,713,000 | 3,325,000 | 2,818,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 525,830,000 | 625,520,000 | 890,380,000 | 1,040,782,000 |
| Interest-bearing deposits | 456,670,000 | 483,365,000 | 685,129,000 | 726,798,000 |
| Noninterest-bearing deposits | 69,160,000 | 142,155,000 | 205,251,000 | 313,984,000 |
| Equity capital | 106,847,000 | 104,869,000 | 101,931,000 | 110,388,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,822,000 | 11,153,000 | 17,485,000 | 26,109,000 |
| Interest expense | 1,261,000 | 2,472,000 | 3,864,000 | 5,357,000 |
| Net interest income | 4,561,000 | 8,681,000 | 13,621,000 | 20,752,000 |
| Noninterest income | 2,655,000 | 4,107,000 | 5,376,000 | 6,317,000 |
| Noninterest expense | 7,349,000 | 15,003,000 | 23,229,000 | 32,483,000 |
| Provision for loan losses | 2,863,000 | 3,292,000 | 4,943,000 | 8,392,000 |
| Pretax income | -2,996,000 | -5,507,000 | -9,175,000 | -13,806,000 |
| Income tax | -648,000 | -1,200,000 | -2,006,000 | -3,024,000 |
| Net income | -2,348,000 | -4,307,000 | -7,169,000 | -10,782,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 106,483,000 | 104,186,000 | 100,913,000 | 108,025,000 |
| Total capital | — | 108,297,000 | 106,674,000 | 117,238,000 |
| Risk-weighted assets | — | 397,773,000 | 643,938,000 | 1,010,581,000 |